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Posts Tagged ‘affordable healthcare coverage’

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Is Universal Health Care a Value?

Friday, November 20th, 2009

The many New York citizens living and working in and around the area are today employing themselves in an ever-changing market. Most small business proprietors, self-employed entrepreneurs, and freelancers have found themselves inadvertently positioned in the cross hairs of the ever-increasing health crisis. The difficulties with the medical insurance system today in New York as in all the other states are that there are many individuals who are personally affected.

At this point in time in New York all the entrepreneurs who create diligently are floundering in a kind of limbo should the universal health care system be enforceable in the future.  A one size fits all approach will not solve the difficulties the business community and the residence face, it will on delay it. Under a health insurance policy such as this, unless you are among the indigent or working poor, the business proprietor, self-employed entrepreneur and the freelance individual will still be expected to pay a higher rate than the average individual does.

1.               Self-employed and others will still have to pay a flat fee unrelated to the business income.

2.               Self-employed and others still have a catch-22 of paying more when sick though theoretically earning less.

Unfortunately, the health insurance premiums of individual health insurance coverage will continue on the road to being just another tax on all residence until a few common sense changes put into place. While various surveys show Americans twice as entrepreneurial as other European countries, we are only half as likely to join the ranks of the self-entrepreneurial spirit. This is explainable through here or you can call one of our staff.

It seems the medical health system is holding all American citizens hostage as some try to sort out the solution to what the citizens as an entity need and what is necessary. The longer we wait, the higher the price tag for comprehensive medical insurance coverage. The most comprehensive low cost health insurance offered through the freelance unions comes with a hefty price tag of $4000.00 for family coverage with a huge deductible of $10,000.00.

Unfortunately if we continue on the path we are on, many small business proprietors, self-employed entrepreneurs and freelance individuals in the working world today will vanish. This would be a terrible loss for the country as a whole, not just with New York. To lose the entrepreneurial spirit or to even consider inadvertently squashing it would be such a sad and disastrous move on the part of the country.

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Out of Reach Medical Coverage

Thursday, November 19th, 2009

The hottest topic currently debated in New York is medical insurance for the small business proprietor and the self-employed entrepreneur. Unfortunately it is becoming impossible to attain an affordable health insurance, especially for those individuals who are and remain viral and healthy as well as the elderly population. For the self-employed entrepreneur and the business proprietor the entire situation is in dire straits. It is not only the availability, but also the affordability of New York small business entrepreneur and the self-employed entrepreneur.

The cost for medical insurance is just so out of reach most decide to live and work in New York and forfeit the insurance. The underwriting policies in most states, New York included is obsolete. The practice of the insurance companies having the ability to deny medical health insurance coverage or the ability to charge much higher premiums is in fact unconscionable.

It is becoming very difficult for citizens of New York to attain exhaustive insurance policies for low prices since New York small business insurers are unwilling to take the risk.  A large proportion of employers today are eliminating New York small business insurance benefits leaving their employees in a lurch. The self-employed entrepreneur and the small business proprietor have, if they are fortunate, limited medical coverage with a very high price tag attached.

Through here, we try to explain and deliver details of how expensive the health care insurance system is in New York. Below is a small example of the high cost for medical health coverage. This is contingent on a healthy couple with no pre-existing conditions attached and includes all the standard coverage such as hospitalization, co-payments, office visits, prescription drug coverage, and 60-40 payout ratio.

1.               Husband and Wife 21-31 years old                            $842.00 dollars per month

2.               Husband and wife 31 -41years old                            $886.00 dollars per month

3.               Husband and wife 41-51 years old                            $878.37 dollars per month

4.               Husband and wife 51-61 years old                      $1000.00  dollars per month

Considering these figures it is no wonder why the small business proprietor and the self-employed entrepreneur are discontinuing their medical insurance until a more affordable, low cost health insurance plan is in the offering. Many small business proprietors and self-employed entrepreneurs are at the brink of dropping their medical insurance coverage in New York.

Some are even considering moving to another state in the region for the sake of obtaining health benefits for an effectively lower rate with more comprehensive coverage. At the present time the medical insurance providers are re-rating insurance policies on a quarterly basis to track the financial performance through the annual cycle.

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